The High Court held that investigation material showed prima facie involvement in unlawful tender cost increases. The ruling emphasized that such allegations warrant a full trial, not discharge.
Court ruled that protections under the RBI Circular apply only to third-party breaches and cannot be invoked to recast personal transactions as fraud. Since bank records showed the petitioners’ own involvement, the writ was dismissed.
The Tribunal held that receipts on surrender of tenancy rights were capital in nature and not taxable under section 56(2)(x). It ruled that such receipts qualify for capital gains treatment and related exemptions.
The RBI lowered the policy repo rate by 25 bps to 5.25% due to historically low inflation, supporting continued economic growth while maintaining macroeconomic stability.
The RBI amends GML regulations, specifying definitions, lending norms, repayment options, and quarterly reporting to enhance transparency and risk management in the jewellery sector.
The RBI amends provisioning norms, enabling small finance banks to reverse released provisions or transfer them to the General Reserve, effective January 1, 2026.
Ram Ashish Vs Union of India & Ors. (Delhi High Court) The Delhi High Court delivered its order in a petition filed under Article 226 of the Constitution of India, challenging the cancellation of the petitioner’s GST registration dated 21st March, 2025, which was applied retrospectively from 14th June, 2024. The petitioner, operating from premises […]
SEBI amends FPI Regulations to create Single Window Automatic and Generalised Access for Trusted Foreign Investors, simplifying registration and participation requirements.
RBI introduces a comprehensive governance rulebook strengthening board structure, director eligibility, risk oversight, and compliance standards for Payments Banks. The framework enhances accountability and reduces governance risks.
The RBI’s 2025 directions set comprehensive rules for small finance banks, covering loan pricing, MCLR, external benchmarks, and microfinance interest rates to ensure transparency.
